Source: www.realtor.org Link to Article In about two-thirds of the country – or 66 percent of the largest U.S. counties – it’s more affordable to buy a home than to rent one, according to a report by ATTOM Data Solutions. They compared the monthly rents of three-bedroom apartments to monthly payments on median-priced homes […]

Source: www.realtor.org Link to Article WASHINGTON (September 22, 2016) — Existing-home sales eased up in August for the second consecutive month despite mortgage rates near record lows as higher home prices and not enough inventory for sale kept some would-be buyers at bay, according to the National Association of Realtors®. Only the Northeast region saw […]

Source: www.realtor.org Link to Article WASHINGTON (August 31, 2016) — Pending home sales expanded in most of the country in July and reached their second highest reading in over a decade, according to the National Association of Realtors®. Only the Midwest saw a dip in contract activity last month. The Pending Home Sales Index,* a […]

Source: www.realtor.org Link to Article WASHINGTON (June 29, 2016) — After steadily increasing for three straight months, pending home sales let up in May and declined year-over-year for the first time in almost two years, according to the National Association of Realtors®. All four major regions experienced a cutback in contract activity last month. […]

Source: www.realtor.org Link to Article Tight inventories of homes for sale helped push home prices higher in the first quarter. The median price of existing single-family homes rose in 87 percent or 154 of 178 of the major metro areas across the U.S. in the first quarter, according to the latest quarterly report by […]

Source: www.madison.com Link to Article The March jobs report showed an increase in employment within the construction sector, which could be a welcome sign that more inventory will soon be coming to the new-home housing market. Employment rose 215,000 in March as the unemployment rate remained at 5 percent, according to a report released Friday by […]

Harvard Research Center Releases The State of the Nation’s Housing 2015 Cambridge, MA – The fledgling U.S. housing recovery lost momentum last year as homeownership rates continued to fall, single-family construction remained near historic lows, and existing home sales cooled, concludes The State of the Nation’s Housing report released today by the Joint Center for […]

Source: www.madison.com Link to Article WASHINGTON (AP) — Construction of new homes rose in February to the highest level in five months, but applications for new construction were weak for a third month. Housing starts rose 5.2 percent last month to a seasonally adjusted annual rate of 1.18 million units, the Commerce Department reported […]

Source: www.realtor.org Link to Article WASHINGTON (February 29, 2016) — Following the highest average year for the index in nearly a decade1, pending home sales declined to begin 2016 but remained slightly higher than a year ago, according to the National Association of Realtors®. Only the South saw an uptick in contract activity in January. […]